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"....on American exchange vs. buying share of the same company on a foreign exchange"

I am sure there are as many answers to this as there are stock exchanges.

Can give you one, based on personal experience.

I am an American, living in Brazil. I can buy on the US market, for example, Petrobras as an ADR or here in country buy shares on the BOVESPA, via my Banco do Brasil account. I did some number crunching and with commissions and extra taxes which brazilian gov't nails you with, I am better off keeping that investment in the US.

If one were to start acquiring significant foreign holdings, in foreign accounts and enjoying significant income, things can get really ugly, as in double taxation. In a nutshell, as an American, with Brazillian residence, once my combined US/Brazil income goes over 80k per year, I get to pay income taxes in both countries, fun huh?

Don't know if any of this helps much, obviously anyone making significant foreign investments, in foreign accounts, has much homework to do.

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